Amid pick up in domestic demand and restricted supplies from producing regions, crude palm oil prices were up 0.90 per cent to Rs 552.30 per 10 kg in futures market today as traders created fresh positions.
At the Multi Commodity Exchange, crude palm oil for delivery in far-month May rose by Rs 4.90, or 0.90 per cent to Rs 552.30 per 10 kg in business turnover of 425 lots.
On similar lines, the oil for delivery in April contracts moved up by Rs 4.70, or 0.86 per cent to Rs 552.70 per kg in 372 lots.
Analysts said fresh positions built-up by participants due to pick up in demand in the spot market amid restricted supplies from producing belts mainly influenced crude palm oil prices at futures trade.
